SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The
Proposed Sale Of GenVec, Inc. And Encourages Investors To Contact The
Firm For Additional Information

February 02, 2017 06:00 AM Eastern Time

STEVENSON, Md.--(EON: Enhanced Online News)--The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of GenVec, Inc. (Nasdaq: GNVC) (“GenVec” or the “Company”)
relating to the proposed buyout of GenVec by Intrexon Corporation.

Under the terms of the agreement, GenVec shareholders will receive 0.297
of a share of Intrexon Common Stock for each share of GenVec stock they
own. GenVec stockholders will also receive a contingent right equal to
50% of any milestone or royalty payments received within 36 months after
the closing of the transaction under GenVec’s Research Collaboration and
License Agreement with Novartis. The firm’s investigation seeks to
determine, among other things, whether the Company’s Board of Directors
failed to satisfy their duties to shareholders, including whether the
Board adequately pursued alternatives to the acquisition and whether the
Board obtained the best price possible for the Company’s shares of
common stock.

If you currently own common stock of GenVec and believe that the
proposed buyout price is too low, and you would like to learn more about
the investigation being conducted by Brower Piven, please visit our
website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at hoffman@browerpiven.com
or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.

STEVENSON, Md.--(EON: Enhanced Online News)--The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United S... more »

STEVENSON, Md.--(EON: Enhanced Online News)--The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United S... more »

STEVENSON, Md.--(EON: Enhanced Online News)--The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United S... more »